Lu Ann Trevino's Answers (10249)

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Can I claim a loss on taxes on a loss from a repossessed car?

Lu Ann's answer | Answered on January 24, 2018

That is not lost value, that is money you owe to the lender. When the car is repo'd, the lender will sue you for the difference between the auction...

Archived

My father lent my sister his truck now she won’t return it nor answer his calls. She has the only key. How can he get it back?

Lu Ann's answer | Answered on January 24, 2018

You could report it stolen or you could take possession by towing.

Archived

What rights do i have as a co borrow or what is the proper procedures to get the auto truck back?

Lu Ann's answer | Answered on January 24, 2018

You both have the right to possession of the vehicle because your name is on the title. Make sure that one of you keeps the vehicle insured at all...

Archived

Rights to car possession as a co-signer?

Lu Ann's answer | Answered on January 24, 2018

You both have the right to possession of the vehicle because your name is on the title. Make sure that one of you keeps the vehicle insured at all...

Archived

I’m buying car from somebody for the amount owed to credit union, does title automatically go under my name.

Lu Ann's answer | Answered on January 23, 2018

The title will NOT automatically change to your name. The credit union will simply release its lien and the title will be sent to the original...

Archived

How can I remove my name from a loan with a co-buyer?

Lu Ann's answer | Answered on January 23, 2018

You can't get off the loan. Either the two of you sell it OR he gets his own loan. If neither of you make payments that will wreck credit scores...

Archived

Who who has legal ownership of a vehicle that has two names on the title one a cosigner?

Lu Ann's answer | Answered on January 23, 2018

You can't get off the loan. Either the two of you sell it OR he gets his own loan. If neither of you make payments that will wreck credit scores...

Archived

Husband & Wife are separated and claims she is going to forge his name and keep the money.?

Lu Ann's answer | Answered on January 23, 2018

You don't give enough facts or context to make a useful answer possible. Is she referring to a joint bank account? Is she selling something? This...

Archived

I am looking for a lawyer to send a demand letter for a small loan I lent to a friend.

Lu Ann's answer | Answered on January 23, 2018

It is unlikely that a demand letter written by an attorney will make much difference. You can sue and you could win, but you will have a very...

Archived

Can a car dealership sing over my loan to some one eles without my consent ?

Lu Ann's answer | Answered on January 23, 2018

If your name was on the title at purchase then the title could not be changed to remove your name with your consent. If there is a loan for the car...

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